American Property Casualty Insurance Association
  • Staff Contact: Jeffrey Brewer     
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  • FOR RELEASE ON RECEIPT
  • March 19, 2015
  • PCI Commends New Jersey Assembly Transportation Committee For Advancing TNC Consumer Protection Legislation
  • Proposed law would keep passengers safe from harm and protect New Jersey drivers from having to subsidize Uber business expenses

    TRENTON, NJ– In a vote of 7-3-1, the New Jersey Assembly Transportation and Independent Authorities Committee passed A-3765, clearing the way to a full vote in the Assembly.  Currently, TNC providers like Uber and Lyft operate in New Jersey without standard public safety requirements like police background checks and carrying sufficient insurance.  A-3765 implements these important public safety protections, closes the insurance gap between private and commercial insurance and ends the need for New Jersey consumers to subsidize Uber’s business costs as they are currently forced to do. 

    “This legislation strikes the right balance between securing these important public safety protections and promoting new transportation options in New Jersey,” said Micaela A. Isler, Property Casualty Insurers Association of America.  “We commend the Transportation and Independent Authorities Committee and especially Assemblymen Joe Lagana and Troy Singleton for standing up for New Jersey consumers and for supporting standard common sense protections for all.”

    This week, Uber came out against the bill and claimed the legislation “would drive Uber out of New Jersey.”  In response, numerous former Uber drivers, transportation providers and public safety advocates have called out Uber on their empty threat.

    “If Uber has their way in New Jersey, all drivers on the road would pay for Uber’s insurance expenses. New Jerseyans shouldn’t have to pick up the tab for what should be a normal business expense for Uber.  That’s not innovative – that’s shameful,” added Isler. “The basic protections proposed in A-3765 are nothing that would put a multi-billion dollar company like Uber out of business.”

  • PCI promotes and protects the viability of a competitive private insurance market for the benefit of consumers and insurers. PCI is composed of nearly 1,000 member companies, representing the broadest cross section of insurers of any national trade association. PCI members write more than $195 billion in annual premium, 35 percent of the nation's property casualty insurance. Member companies write 42 percent of the U.S. automobile insurance market, 28 percent of the homeowners market, 33 percent of the commercial property and liability market and 35 percent of the private workers compensation market.
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